Current location:Stellar Saga news portal > business
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
Stellar Saga news portal2024-05-22 11:05:35【business】0People have gathered around
IntroductionMILAN (AP) — Just two days after celebrating its Serie A title win, Inter Milan and its fans face a
MILAN (AP) — Just two days after celebrating its Serie A title win, Inter Milan and its fans face a nervous wait to see what will happen with the club.
Club owner Suning and Inter president Steven Zhang could lose control of the Nerazzurri if they fail to repay a debt of nearly 400 million euros ($434 million) to American investment fund Oaktree.
That sum stems from a loan — and interest — taken out three years ago, shortly after Inter won its last league title.
The deadline for repayment was at 5 p.m. local time (1500 GMT) and there was no word of the outcome several hours after that had passed.
Zhang has tried to extend the deadline for the loan repayment and come up with alternative solutions with Oaktree but without success.
“I can only guarantee that the club is very solid,” Inter CEO Giuseppe Marotta said on Sunday, amid a party atmosphere at San Siro as Inter was presented with its 20th league title.
Address of this article:http://nepal.cezaryphotography.com/news-78a199732.html
Very good!(46)
Related articles
- Lindor goes 0
- Storied apparel retailer Brooks Brothers files for bankruptcy amid pandemic
- Passion fruit
- Xi Inspects Nanning in South China's Guangxi
- Spain withdraws its ambassador to Argentina over comments made by President Milei
- Xi Inspects Nanning in South China's Guangxi
- World should act as one when it needs China to play a role in creating economic growth
- Spotlight: U.S. authorities tell int'l students to leave U.S. if universities go online
- Emma Hayes' first roster as coach of the US women's team includes 2 first
- Beijing to welcome 50 giant pandas to new research base
Popular articles
Recommended
Andretti Global makes key engineering hire in bid to earn a spot in Formula 1
Highlights of Xi Jinping's Visit to Vietnam
Third CIIE to create new opportunities for common development
Insights丨Experts call for a fair reading of China’s prospect
The bodies of 4 men and 2 women were found strangled, piled up in Mexican resort of Acapulco
World's highest pumped storage power station begins construction
1st batch of CanSino COVID
China hands over first batch of vaccine donation to Maldives
Links
- Michael Sheen looks unrecognisable as Prince Andrew in first look at Amazon's A Very Royal Scandal
- Jason Kelce will join ESPN’s 'Monday Night Countdown,' AP source says
- Morel hits tiebreaking HR off Díaz in 9th and Cubs top Mets 3
- Politicians, dog experts vilify South Dakota Gov. Kristi Noem for killing her dog
- NY DA 'so sorry' for cursing at officer who tried to ticket her
- Politicians, dog experts vilify South Dakota Gov. Kristi Noem for killing her dog
- Politicians, dog experts vilify South Dakota Gov. Kristi Noem for killing her dog
- Tesla, Domino's Pizza rise; AMC Entertainment, SoFi Technologies fall, Monday, 4/29/2024
- Paramount Global's Bob Bakish is stepping down as CEO
- Two more people sentenced for carjacking and kidnapping an FBI employee in South Dakota